HomeMy WebLinkAbout2007-10-03 IDA MinutesMINUTES
REGULAR MEETING
THE INDUSTRIAL DEVELOPMENT AUTHORITY
OF THE CITY OF RIVERSIDE, MISSOURI
Wednesday, October 3, 2007
6:00 p.m.
The Industrial Development Authority of the City of Riverside, Missouri, met in regular session at C; ty Hall,
2950 NW Vivion Road, Riverside, Missouri.
President Wayne Snyder called the meeting to order at 6:05 p.m. Answering roll call were Wayne Sxiyder, Harold
Snoderley, Leland Finley, and Cy Houston. Also present: Brent Miles, Director of Planning and Economic
Development, Deborah Polk of Armstrong Teasdale, and Sarah Wagner, Administrative Clerk.
Approval of Minutes from Leland Finley moved to approve the minutes from August 30, 2007.
August 30, 2007
Harold Snoderly seconded and the motion passed 4-0.
Resolution 2007-008: Deborah Polk introduced Resolution 2007-008: A resolution granting
A resolution granting and and approving the execution of a proxy for annual meeting of
approving the execution of a landowners of Riverside-Quindaro Bend Levee District of Platte
proxy for annual meeting of County, Missouri and actions related thereto.
landowners of Riverside-
Quindaro Bend Levee Polk explained that property owners can vote in the annual meeting.
District of Platte County, The IDA has about 450 acres they represent and the proxy is to be
Missouri and actions related granted to John McClelland.
thereto.
Leland Finley made a motion in favor of the ordinance and Harold.
Snoderley seconded. The motion passed 4-0.
Resolution 2007-009:
A resolution authorizing the
execution of a subordination
agreement with UMB Bank,
N.A., trustee, and
authorizing documents and
actions related thereto.
Polk presented Resolution 2007-009: A resolution authorizing the
execution of a subordination agreement with UMB Bank, N.A.,
trustee, and authorizing documents and actions related thereto.
Polk explained that without the subordination of the easement if the
trustee were to foreclose on the property then the easements would
cease to exist. By doing this, it ensures the easements will stay.
Harold Snoderley made a motion to approve Resolution 2007-009 and
Cy Houston seconded. The motion passed 4-0.
Resolution 2007-010: Polk presented Resolution 2007-010: A resolution authorizing the
A resolution authorizing the transfer of certain infrastructure easements in connection with
transfer of certain redevelopment project III, and authorizing documents and actions
infrastructure easements in related thereto.
connection with
redevelopment project III, Miles explained that this is to construct an access road and utilities for
and authorizing documents the new lift station for maintenance. As the placement of other
and actions related thereto. utilities is determined other easements will be done. The lift statio~x
runs primarily off electric, but is required to have a gas backup.
Harold Snoderley made a motion to approve Resolution 2007-010 atnd
Cy Houston seconded. The motion passed 4-0
Resignation Acceptance Leland Finley made a motion to accept Bob Archer's resignation from
the IDA and Harold Snoderley seconded. The motion passed 4-0
Adjournment Cy Houston made a motion to adjourn and it was seconded by Leland
Finley. The motion passed and the meeting was adjourned.
Sarah Wagner, Assistant Secretary